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$ 4,642,500
Est. payment | /mo
619 Acres Lot
$ 4,642,500
Est. payment | /mo
619 Acres Lot
Key Details
Property Type Vacant Land
Sub Type Farm or Ranch Land
Listing Status Active
Purchase Type For Sale
Subdivision Metes & Bounds
MLS Listing ID 25039349
Annual Tax Amount $1,536
Lot Size 619.000 Acres
Acres 619.0
Property Sub-Type Farm or Ranch Land
Property Description
The W.G. Inboden Farm is located in Poinsett County, Arkansas near the Bayou DeView WIldlife Management Area. It contains 619 +/- acres. It is irrigated by a total of 5 wells, 16 in diameter, 11,000 feet underground irrigation pipe, and has approximately 40,000 bushels of on-site grain storage. From 2020-2024, the farm averaged approximately $164.78 per deeded acre ($171.33 per farmable acre) in farm rent to the owners after deduction for expenses such as well additions, professional fees, utilities, real estate taxes, etc. Gross revenue averaged approximately $177.94 per deeded acre ($181.46 per farmable acre) over the period. The farmer grows mostly rice and soybeans in rotation on the farm with the acreage split approximately 50% rice and 50% soybeans in any given year. The current farmer has the right to farm the property through for the 2026 crop year. He is an experienced farmer and works very well with current owners. The farm is located in the Mississippi Flyway, and the general area has a rich history of duck hunting. Renowned hunting areas such as the Crane Farm, Greasy Slough, OK Hunting Club, Hood Lake, Marked Tree Hunting. Great income and recreation potential.
Location
State AR
County Poinsett
Area Poinsett County
Exterior
Utilities Available Well-On Property
Listed by Coldwell Banker Village Communities • Kevin W Kercheval
clientcare@rivervalleyrealty.com
800 E Main St, Russellville, AR, 72801, United States
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